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- Tasks: Lead procurement and pricing strategies to drive growth and profitability.
- Company: Join a market leader known for innovation and exceptional customer care.
- Benefits: Enjoy a competitive salary, bonus opportunities, and a collaborative work environment.
- Why this job: Be part of a dynamic team that values strategic thinking and relationship building.
- Qualifications: Strong negotiation skills and experience in procurement and pricing management required.
- Other info: This role is critical for managing vendor relationships and ensuring cost-effectiveness.
The predicted salary is between 46200 - 78000 £ per year.
Purchasing & Pricing ManagerHertfordshireCirca £55,000 – £65,000 + BonusWe are seeking a highly commercial and strategic Purchasing and Pricing Manager to join this market leading business who are synonymous with innovation and exceptional customer care. Leading the procurement and pricing functions the ideal candidate will have strong negotiation abilities, excellent relationship management skills, and experience working collaboratively across departments. This role will be critical in managing vendor relationships, negotiating optimal terms, setting pricing strategies, and ensuring cost-effectiveness to support the company’s growth and profitability goals.Key Responsibilities:Purchasing Management* Lead and manage procurement processes to ensure efficient sourcing of products and services.* Develop, negotiate, and implement contracts with suppliers to achieve best pricing, terms, and quality.* Establish strong, positive relationships with key suppliers and vendors, fostering cooperation and partnership.* Continuously evaluate and monitor supplier performance to ensure quality, delivery, and cost expectations are met.* Identify opportunities for cost savings and efficiency improvements within the supply chain.Pricing Strategy* Develop and implement effective pricing strategies to ensure competitiveness while meeting profitability targets.* Monitor and analyse market trends, competitor pricing, and customer demand to inform pricing adjustments.* Collaborate with sales, fi…
Purchasing & Pricing Manager employer: Vitae Financial Recruitment Limited
Contact Detail:
Vitae Financial Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Purchasing & Pricing Manager
✨Tip Number 1
Familiarize yourself with the latest trends in procurement and pricing strategies. Understanding current market dynamics will help you speak confidently about how you can contribute to our team's success.
✨Tip Number 2
Highlight your negotiation skills during the interview. Be prepared to share specific examples of successful negotiations you've led, as this is a key aspect of the Purchasing & Pricing Manager role.
✨Tip Number 3
Demonstrate your ability to build strong relationships with suppliers. We value collaboration, so think of ways you've fostered partnerships in previous roles and be ready to discuss them.
✨Tip Number 4
Research our company’s values and recent projects. Showing that you understand our commitment to innovation and customer care will set you apart and show that you're genuinely interested in joining our team.
We think you need these skills to ace Purchasing & Pricing Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and requirements of the Purchasing & Pricing Manager position. Highlight your relevant experience in procurement, negotiation, and pricing strategy in your application.
Tailor Your CV: Customize your CV to reflect the skills and experiences that align with the job description. Emphasize your negotiation abilities, relationship management skills, and any relevant achievements in cost savings or efficiency improvements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Discuss how your background in procurement and pricing can contribute to the company's growth and profitability goals.
Highlight Collaborative Experience: Since the role requires collaboration across departments, make sure to include examples of how you've successfully worked with other teams in previous positions. This will demonstrate your ability to foster cooperation and partnership.
How to prepare for a job interview at Vitae Financial Recruitment Limited
✨Showcase Your Negotiation Skills
Prepare specific examples of successful negotiations you've led in the past. Highlight how your strategies resulted in cost savings or improved terms, as this role heavily relies on strong negotiation abilities.
✨Demonstrate Relationship Management
Be ready to discuss how you've built and maintained relationships with suppliers or vendors. Share instances where your relationship management skills led to better collaboration and outcomes.
✨Understand Market Trends
Research current market trends and competitor pricing strategies relevant to the industry. Being able to discuss these insights will show your proactive approach and understanding of the market landscape.
✨Collaborative Mindset
Emphasize your experience working across departments. Provide examples of how you collaborated with sales, finance, or other teams to achieve common goals, as this role requires a strong team-oriented approach.
